Gov. Andrew Cuomo, Mayor Bill De Blasio

Cuomo: Ethan Harp/WCBS 880; De Blasio: Anthony Behar / Sipa USA

Cuomo, De Blasio Each Stand Their Ground On Best Ways To Fund Subway Repairs

May 31, 2018 - 7:15 pm

NEW YORK (WCBS 880) -- New York state Gov. Andrew Cuomo said Thursday that the best way to fund the proposed $19 billion, five-year plan to repair the subway system is congestion pricing, and not a millionaires’ tax.

But Mayor Bill de Blasio is doubling down on the idea of using the tax on the most wealthy.

Cuomo summarily dismissed calls by the mayor and state Sen. Michael Gianaris (D-Queens) to enact the new tax.

"The millionaire's tax has been raised 800 times over the past few years,” Cuomo said. “The legislature has refused to pass the millionaire's tax. Both houses have said that they don't support the millionaire's tax."

De Blasio immediately shot back.

"I think it's absolutely wrong to suggest that is not politically viable in what I think will be the new world of Albany,” he said, “and I don't really know many people – Democrat or Republican – who expect there not to be a Democratic senate in Albany on January 1st."

The mayor argued that suburban and upstate legislators would have no problem voting to tax New York City resident millionaires to bankroll fixing the subways.